IDT *(idtc) following this new issue?* Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IDT *(idtc) following this new issue?*

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hawaii60 who wrote (2264)	3/1/1999 9:11:00 PM
From: Marty Rubin	Read Replies (1) of 30916

found (http://www.SOFTBANK.com/news.htm ): "February 16, 1999 /PRNewswire/ SOFTBANK Announces Intention to Form New Fund Focused on Internet Companies SOFTBANK Completes Sale of Approxiamately $410 Million of Yahoo Common Stock to Capitalize Fund. SOFTBANK Holdings today announced it will form a new fund focused on equity holdings in late stage private and early stage public Internet companies to expand the SOFTBANK Internet family. SOFTBANK Holdings will use the approximately $410 million in proceeds from the sale of 3.0 million million shares of Yahoo! Common Stock completed today to capitalize the new fund. Post-sale, SOFTBANK will continue to own 56.3 million shares, or 28% of Yahoo! and will continue to be Yahoo!'s single largest shareholder."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next